DWACRA Loan Waiver: Naidu gets it from Sand!

Andhra Pradesh Chief Minister Chandrababu Naidu is somehow managing the Raithu Runa Mafi promised before the election. But the 14000+ Crore DWACRA Runa Mafi promise is still existing to be fulfilled. It is very difficult for the state to execute it in the current financial situation but Chandrababu Naidu had managed to come up with an interesting idea to make it up.

TDP government had given the responsibility of Sand Sale to DWACRA groups after coming to power. While many criticized the move, the step is yielding good results for the state. During the previous Congress regime, the state used to get 60 Crore per year as revenue from the stand.

But now, the state managed to get 360 Crore revenue from sand in this nine months itself. Naidu is planning to show this income as security and get loan of 5000-6000 Crore which will fund the DWACRA Runa Mafi.